Stock Market & Financial Investment News

Nordson results likely to improve, says BB&TAfter meeting with Nordson's CEO, BB&T thinks the company's results will improve soon. The firm believes that the company has a number of potential catalysts in the second half of the year, including improving order rates, organic growth, and margins. The firm recommends buying the stock at current levels.

Nordson sees Q2 EPS 80c-90c, consensus $1.03Sees Q2 sales down 5% to down 1% compared to last year. This is inclusive of organic growth of down 1% to up 3%, 3% growth from the first year effect of acquisitions, and a negative currency effect of 7% based on the current exchange environment.

Nordson reports Q1 EPS 69c, consensus 67cReports Q1 revenue $379M, consensus $386.14M. Order rates for the 12-week period ending February 15 measured in constant currency, increased 14% over the same period a year ago.